Alibaba Group Holding annual working capital
2015
2016
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2022
2023
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2026
Alibaba Group Holding Working Capital Growth & History (BABA)
Alibaba Group Holding's working capital was $19.48B for fiscal 2026.
View full Alibaba Group Holding company overviewAlibaba Group Holding annual working capital history
| Fiscal year | Period ended | Working capital | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | $19.48B | −$13.41B | −40.78% |
| 2025 | 2025-03-31 | $32.89B | −$13.00B | −28.32% |
| 2024 | 2024-03-31 | $45.89B | $371.0M | +0.82% |
| 2023 | 2023-03-31 | $45.52B | $5.33B | +13.28% |
| 2022 | 2022-03-31 | $40.19B | −$414.0M | −1.02% |
| 2021 | 2021-03-31 | $40.60B | $9.38B | +30.05% |
| 2020 | 2020-03-31 | $31.22B | $21.89B | +234.67% |
| 2019 | 2019-03-31 | $9.33B | −$9.97B | −51.66% |
| 2018 | 2018-03-31 | $19.30B | $6.47B | +50.44% |
| 2017 | 2017-03-31 | $12.83B | $107.0M | +0.84% |
| 2016 | 2016-03-31 | $12.72B | −$3.80B | −23.02% |
| 2015 | 2015-03-31 | $16.52B | — | — |
Alibaba Group Holding quarterly working capital
Q4.15
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q2.21
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
Q4.26
| Fiscal quarter | Period ended | Working capital | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-03-31 | $19.48B | −$13.41B | −40.78% |
| Q4 2025 | 2025-03-31 | $32.89B | −$13.00B | −28.32% |
| Q4 2024 | 2024-03-31 | $45.89B | $371.0M | +0.82% |
| Q4 2023 | 2023-03-31 | $45.52B | $5.33B | +13.28% |
| Q4 2022 | 2022-03-31 | $40.19B | −$414.0M | −1.02% |
| Q4 2021 | 2021-03-31 | $40.60B | $9.38B | +30.05% |
| Q2 2021 | 2020-09-30 | $38.29B | — | — |
| Q4 2020 | 2020-03-31 | $31.22B | $21.89B | +234.67% |
| Q4 2019 | 2019-03-31 | $9.33B | −$9.97B | −51.66% |
| Q4 2018 | 2018-03-31 | $19.30B | $6.47B | +50.44% |
| Q4 2017 | 2017-03-31 | $12.83B | $107.0M | +0.84% |
| Q4 2016 | 2016-03-31 | $12.72B | −$3.80B | −23.02% |
| Q4 2015 | 2015-03-31 | $16.52B | — | — |
Alibaba Group Holding working capital trends
Over the last five fiscal years, Alibaba Group Holding's working capital decreased from $40.60B to $19.48B, a change of −$21.12B. The latest reported quarter, Q4 2026, shows $19.48B.
About the metric
What working capital means
Working capital is the difference between current assets and current liabilities. It provides a snapshot of short-term operating liquidity, although negative working capital can be normal for some business models and the measure is often not meaningful for banks.
Calculation and source
How working capital is calculated
TickerStat calculates working capital as reported current assets minus reported current liabilities at the same balance-sheet date. Missing current classifications are not assumed to be zero. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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